Inside Mortgage Finance Publications

While most lenders are making significantly more purchase loans than refinances, Rocket Mortgage is still doing solid refinance business. Through 9M24, 44.0% of the nonbank’s originations were refis. Learn more about Rocket and the other 24 top lenders with IMF’s Top 25 Lender Profiles. On one data-filled page per lender, you’ll have specifics on volume and share by product, servicing performance, channel breakdown, secondary market choices and more. Available by the set or individually, for a specific quarter or as a four-quarter subscription. https://buff.ly/42cAdva

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market? Weigh in on IMF’s poll.

NEW IMF #DATA: The agency single-family servicing market followed a familiar pattern in the fourth quarter of 2024: Ginnie Mae again saw the biggest growth and nonbanks continued gaining share. According to a new analysis by Inside Mortgage Finance, a total of $9.069 trillion of single-family servicing attached to agency mortgage-backed securities was outstanding at yearend. That was up 0.7% from the previous quarter and 2.5% from a year ago.

Inside Mortgage Finance, an award-winning specialized information publisher, is seeking an experienced reporter to cover the residential mortgage market as part of a small but strong editorial team. The successful candidate will sift through federal regulations and other sources to conceive, develop and write original articles. The role also requires investigating and reporting on the latest developments in the mortgage industry and conducting interviews with industry stakeholders. The candidate will contribute to daily news reports and weekly newsletters. Good reporting and strong writing skills are required. Having a background in mortgage banking or finance would be helpful but isn’t necessary. Inside Mortgage Finance is an industry leader that has been providing comprehensive news and data analysis to mortgage market players as well as federal agencies and policymakers for 40 years. https://lnkd.in/eEbYgrTV

Billionaire Elon Musk recently called for deleting the Consumer Financial Protection Bureau, arguing that “there are too many duplicative regulatory agencies.” However, industry stakeholders say it is highly unlikely the federal consumer watchdog will disappear during the Trump administration. Read more when you sign up for IMF’s Loan Originator News. Filled with market intelligence tailored for your needs as an LO, the free monthly newsletter provides valuable insights on where the market is going and what niches you should be watching to stay on pace.

“The big banks have a love-hate relationship with the mortgage market, and they’ve had that for 50 years,” says IMF’s Guy Cecala. “At one point they decide they want to be big in the mortgage market and go after business, and then they dial it back. After the (2008) financial crisis and the housing crisis, which decimated the wholesale market and non-banks, banks easily started to dominate the market again, particularly as jumbo mortgages started to grow. That helped accelerate the dominance of large, commercial banks in the mortgage market. But five or so years ago, the non-banks started picking up market share, particularly in a low-interest-rate environment, and did very well.” https://lnkd.in/e8sKmDdt

Some $3.42 billion of HECM maximum claim amount was endorsed in the third quarter, according to a ranking and analysis by Inside FHA/VA Lending.

Come work with us! Inside Mortgage Finance is seeking an experienced reporter to cover the residential mortgage market as part of a small but strong editorial team. #jobs #hiringnow #journalismjobs https://lnkd.in/eZZEp3nu

NEW IMF #DATA: Nonbanks, particularly the largest, clawed back market share in mortgage lending during the third quarter of 2024, according to a new ranking and analysis by Inside Mortgage Finance. Originations increased by 6.9% sequentially to an estimated $465.0 billion in the third quarter. The nonbank share of originations grew from 63.8% in the second quarter to 65.5% in the third.

Sales of bulk mortgage servicing rights may have been down in 2024 compared to 2023, but demand for the product remains strong. If you're considering making portfolio changes, either by buying or selling MSR, scope out everyone’s servicing holdings in Inside Mortgage Finance's quarterly Mortgage Servicing Rights report. You’ll get the full picture of MSR holdings — which companies are currently holding servicing rights and how large their portfolios are — including a complete listing of agency servicers, ranked by volume, as well as lists of the top banks’ and thrifts’ servicing for others and the top bank/thrift first-lien portfolios. https://buff.ly/4gtrKb6